Voith Paper Fabrics

₹2048.5 59.6 | 3%

WEBSITE BSE:522122 NSE : VOITH PAPER 18 May, 12:50

Market Cap ₹900 Cr.

Stock P/E 25.1

P/B 2.6

Current Price ₹2048.5

Book Value ₹ 776.8

Face Value 10

52W High ₹2299.8

Dividend Yield 0.34%

52W Low ₹ 1200

Edit Ratio

Voith Paper Fabrics Research see more...

Overview Inc. Year: 1968Industry: Textile

Voith Paper Fabrics India Ltd is engaged in production of industrial felts. The Company supplies a range of paper machine clothing (business felts) for pulp, paper and paperboard, and fiber-cement industries. The Company's merchandise encompass Forming Fabric, which are avaiable in various drainage, fiber support and permeability combos; Press Fabric, consisting of a number of Wet Press Felts: single layer, double layer, laminated and Vector; Dryer Fabric, along with Woven Mesh Dryer Fabric, Spiral Link Dryer Fabric and Needled Spiral Link Dryer Fabric; Fiber Cement, that's used for making Roll Covers, Qualiflex sleeves for shoe press, Fiber Cement sheets and pipes, and Doctor Blades. The Company's plant is placed in Faridabad, Haryana, Delhi National Capital Region (NCR), India. It is a subsidiary of VP Auslandsbeteiligungen GmbH. The Company's ultimate holding employer is Voith Paper Holding GmbH & Co. KG.

Voith Paper Fabrics Share Price

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Peer Comparison

Voith Paper Fabrics Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Net Sales	35	37	34	39	39	44	39	44	48	42
Other Income	2	2	2	2	2	2	4	3	4	4
Total Income	36	39	37	41	41	47	43	48	52	46
Total Expenditure	24	28	24	30	29	34	31	32	37	30
Operating Profit	12	11	13	11	12	13	12	16	15	16
Interest	0	0	0	0	0	0	0	0	0	0
Depreciation	2	2	2	2	2	2	2	3	3	3
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	11	9	11	9	10	10	10	13	13	13
Provision for Tax	3	2	3	2	2	2	3	3	3	3
Profit After Tax	8	6	8	7	7	8	7	10	10	10
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	8	6	8	7	7	8	7	10	10	10
Adjusted Earnings Per Share	18	14.3	19.2	15.2	16.7	17.3	15.9	22	21.9	21.8

Voith Paper Fabrics Profit & Loss

#(Fig in Cr.)	Sep 2012	Sep 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	58	59	102	76	82	94	112	118	119	145	164	173
Other Income	9	8	14	8	8	9	9	9	8	8	11	15
Total Income	67	68	116	84	89	103	121	127	126	153	176	189
Total Expenditure	45	46	77	55	56	69	83	86	83	106	123	130
Operating Profit	21	22	39	29	33	33	38	41	43	47	52	59
Interest	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	3	3	6	5	6	6	6	7	8	8	10	11
Exceptional Income / Expenses	0	0	0	0	0	0	0	-1	0	0	0	0
Profit Before Tax	19	19	33	24	27	28	32	33	36	40	43	49
Provision for Tax	6	6	11	8	9	10	9	9	9	10	11	12
Profit After Tax	13	13	21	15	18	18	23	25	27	29	32	37
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	13	13	21	15	18	18	23	25	27	29	32	37
Adjusted Earnings Per Share	29.6	29.3	48.7	35.2	40.2	41.2	52.6	55.9	61.6	66.7	72.3	81.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	13%	12%	12%	11%
Operating Profit CAGR	11%	8%	10%	9%
PAT CAGR	10%	9%	12%	9%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	67%	24%	20%	22%
ROE Average	11%	11%	11%	11%
ROCE Average	14%	14%	15%	16%

Voith Paper Fabrics Balance Sheet

#(Fig in Cr.)	Sep 2012	Sep 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	117	128	147	160	178	194	212	234	259	286	315
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	2	1	2	25	25	38	32	4	42	62	73
Total Current Liabilities	13	17	24	16	23	17	21	19	29	25	30
Total Liabilities	132	146	174	201	226	249	265	257	330	373	418
Fixed Assets	21	19	35	46	42	37	50	68	65	72	79
Other Non-Current Assets	11	20	9	27	26	49	55	16	56	71	86
Total Current Assets	99	108	129	128	158	163	159	174	209	230	253
Total Assets	132	146	174	201	226	249	265	257	330	373	418

Voith Paper Fabrics Cash Flow

#(Fig in Cr.)	Sep 2012	Sep 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	2	52	19	3	4	6	13	7	6	11
Cash Flow from Operating Activities	9	6	16	11	15	23	17	20	28	26	26
Cash Flow from Investing Activities	-7	45	-47	-25	-11	-19	-5	-24	-27	-18	-22
Cash Flow from Financing Activities	-2	-2	-2	-2	-2	-2	-5	-3	-2	-2	-3
Net Cash Inflow / Outflow	1	50	-32	-16	1	2	7	-6	-1	6	2
Closing Cash & Cash Equivalent	2	52	19	3	4	6	13	7	6	11	13

Voith Paper Fabrics Ratios

#	Sep 2012	Sep 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	29.64	29.28	48.66	35.22	40.25	41.24	52.57	55.87	61.62	66.73	72.29
CEPS(Rs)	35.74	35.35	62.94	46.91	53.81	54.55	65.24	70.88	78.73	84.4	93.96
DPS(Rs)	3	3	4.5	4	4	9	5	5	5	6	7
Book NAV/Share(Rs)	266.73	292.49	335.76	365.05	404.91	441.83	483.52	532.78	589.8	651.61	717.73
Core EBITDA Margin(%)	19.51	20.54	21.99	24.54	27.96	25.74	26.13	26.85	29.76	27.04	24.88
EBIT Margin(%)	29.09	29.31	28.83	27.98	30.16	28.65	28.99	28.37	30.07	27.12	25.91
Pre Tax Margin(%)	29.05	29.31	28.83	27.98	30.16	28.65	28.99	28.37	30.07	27.12	25.91
PAT Margin (%)	20.34	19.5	18.76	18.37	19.62	18.78	20.62	20.87	22.74	20.1	19.23
Cash Profit Margin (%)	24.53	23.54	24.26	24.47	26.24	24.84	25.58	26.48	29.05	25.43	24.99
ROA(%)	10.37	9.25	13.35	8.25	8.28	7.63	8.98	9.39	9.22	8.34	8.03
ROE(%)	11.68	10.47	15.49	10.05	10.45	9.74	11.36	10.99	10.98	10.75	10.56
ROCE(%)	16.71	15.74	23.81	15.31	16.06	14.86	15.98	14.95	14.52	14.5	14.23
Receivable days	66.8	79.6	53.01	77.54	79.69	71.93	56.67	53.47	54.81	50.42	50.9
Inventory Days	54.82	48.35	29.59	41.7	38.95	34.78	34.85	46.32	54.94	54.83	62.89
Payable days	135.42	149	107.57	165.2	127.18	99.29	94.29	105.89	127.49	113.34	121.57
PER(x)	9.68	7.1	8.8	14.24	15.28	19.4	15.87	13.99	17.56	15.89	14.41
Price/Book(x)	1.08	0.71	1.27	1.37	1.52	1.81	1.73	1.47	1.83	1.63	1.45
Dividend Yield(%)	1.05	1.44	1.05	0.8	0.65	1.13	0.6	0.64	0.46	0.57	0.67
EV/Net Sales(x)	0.94	0.19	0.98	1.66	1.89	2.3	2.15	1.76	2.65	1.96	1.61
EV/Core EBITDA(x)	2.56	0.52	2.55	4.36	4.64	6.45	6.33	5.06	7.25	6.02	5.05
Net Sales Growth(%)	6.09	2.5	72.87	-26.19	7.93	15.45	19.04	4.98	0.78	22.54	13.17
EBIT Growth(%)	10.69	3.84	69.94	-28.28	15.28	1.73	17.51	2.74	7.28	10.46	8.25
PAT Growth(%)	12.88	-1.22	66.21	-27.63	14.28	2.47	27.49	6.27	10.3	8.29	8.34
EPS Growth(%)	12.88	-1.22	66.21	-27.63	14.28	2.47	27.48	6.27	10.3	8.29	8.34
Debt/Equity(x)	0	0	0	0	0	0	0	0	0	0	0
Current Ratio(x)	7.7	6.52	5.29	8.09	6.98	9.37	7.69	9.14	7.29	9.17	8.51
Quick Ratio(x)	7.01	6.01	4.88	7.51	6.53	8.89	7.06	8.25	6.63	8.18	7.43
Interest Cover(x)	829.38	7018.21	0	0	0	0	0	0	0	0	0
Total Debt/Mcap(x)	0	0	0	0	0	0	0	0	0	0	0

Voith Paper Fabrics Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	74.04	74.04	74.04	74.04	74.04	74.04	74.04	74.04	74.04	74.04
FII	0	0	0	0	0	0	0	0	0	0
DII	1.18	1.18	1.18	1.18	1.18	1.18	1.12	0.64	0.37	0.23
Public	24.77	24.77	24.77	24.77	24.77	24.77	24.84	25.31	25.58	25.72
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.33	0.33	0.33	0.33	0.33	0.33	0.33	0.33	0.33	0.33
FII	0	0	0	0	0	0	0	0	0	0
DII	0.01	0.01	0.01	0.01	0.01	0.01	0	0	0	0
Public	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11
Others	0	0	0	0	0	0	0	0	0	0
Total	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44

Pros

Company is almost debt free.

Cons

Company has a low return on equity of 11% over the last 3 years.
Debtor days have increased from 113.34 to 121.57days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Voith Paper Fabrics

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Voith Paper Fabrics Research see more...

Overview Inc. Year: 1968Industry: Textile

Voith Paper Fabrics Share Price

Alert Data

Quarterly Price

Peer Comparison

Voith Paper Fabrics Quarterly Results

Voith Paper Fabrics Profit & Loss

Growth Rates

Voith Paper Fabrics Balance Sheet

Voith Paper Fabrics Cash Flow

Voith Paper Fabrics Ratios

Voith Paper Fabrics Shareholding Pattern

Voith Paper Fabrics News

Top Unlisted Companies & InstaBuy Companies

Ramaraju Surgical Cotton

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